Nasdaq to connect European trading venues to Seturion tokenized asset platform

The German exchange recently launched Seturion to all market participants and is set to connect its own trading venues to the platform. It supports all asset classes on public and private DLTs, as well as cash settlement against central bank money and on-chain cash.

Successfully tested as part of the ECB blockchain trials with leading European banks, Seturion is already in use at BX Digital, the Finma regulated DLT trading facility in Switzerland.

With an initial focus on structured products, Seturion and Nasdaq will work to expand the network of financial institutions connecting to Seturion, building an ecosystem of issuers, brokers, and other industry partners across Europe.

Roland Chai, president of European Market Services and head of Digital Assets at Nasdaq, says: “European capital markets face fragmentation and efficiency challenges that limit the region’s competitive potential. Tokenization presents a transformative opportunity to address inefficiencies in settlement and securities processing workflows, while preserving the trust, stability, and regulatory rigor that underpin well-functioning markets.

£This partnership builds on our broader vision for the future of market infrastructure, encompassing continuous operation across trading, clearing, settlement, risk management, and collateral. As an operator of critical market infrastructure and a leading financial technology provider, Nasdaq is uniquely positioned to lead this transformation.”